Bitcoin Price Thread

dozu888 said:
around $5k btc, the cryptos would still have $200b cap... do you want to own a bunch of white papers, plus a couple of coins used to buy drugs/porn, or you can own Netflix with $50b walk-around money.

there is no value proposition here.. $50-100b is quite generous for some technology that really still doesn't have any clarity of what it will do... this means $1-3k bitcoin, give or take.
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I have more bitcoin that everyone on this board, collectively, and I approve of this msg.
 
the latest actions -

consolidation towards blue chips - now btc is over 50% of the cryptos... a month ago was about 40%... so people are getting out of shit coins.. that makes sense... when you have doggie coin still being a $200m+ white paper, forget about any kind of real bottom... let it get down to $20m and we'll talk.

$180b or so for cryptos is still too high... get down to about $100b and we'll go from there.

in the nasdaq 100 list for $180b you can buy a couple of real solid companies with world wide penetration... instead of this mish mash of 2000 shit coin white papers, with only a couple of blue chips in them.

so.. 50% down from here... or it may over shoot to 75% down.. who knows.
 
dozu888 said:
the latest actions -
....
$180b or so for cryptos is still too high... get down to about $100b and we'll go from there.
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so.. 50% down from here... or it may over shoot to 75% down.. who knows.
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Dude, load up on some bitcoin futures shorts and make a lot of money!

Fwiw, we're in a bear market in cryptos/bitcoin and I'm just holding on same as 2014-2016 bear market. [well, i did move some allocation between 2 cryptos a few days ago]. I'm waiting for bitcoin to hit $2K to start adding from USD to bitcoin.
 
johnarb said:
Dude, load up on some bitcoin futures shorts and make a lot of money!

Fwiw, we're in a bear market in cryptos/bitcoin and I'm just holding on same as 2014-2016 bear market. [well, i did move some allocation between 2 cryptos a few days ago]. I'm waiting for bitcoin to hit $2K to start adding from USD to bitcoin.
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already stated elsewhere.. I have no interest in trading this stuff.
 
No interest? That's too bad. You have so much confidence calling direction on "this stuff" but you can't put money where your mouth is.
 
johnarb said:
No interest? That's too bad. You have so much confidence calling direction on "this stuff" but you can't put money where your mouth is.
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LOL when Gold is making multi month lows yes it is easy to say ... it is making multi month lows.

As for my money, I put to work where it gets me the most "bang for the buck". You should think about that a little.
 
SunTrader said:
LOL when Gold is making multi month lows yes it is easy to say ... it is making multi month lows.

As for my money, I put to work where it gets me the most "bang for the buck". You should think about that a little.
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SunTrader, that reply was for dozu, I used the same words he did on his last message but forgot to hit reply on his message. No worries, you can reply as you wish but I am not trading cryptos to fiat, I'm a hodler and taking the long term view.
 
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